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Should I keep my Ram 1500?

Keeping an 8-year-old (2018) Ram 1500 at typical mileage costs about $6,998 a year: $1,317 in value it loses, $1,250 insurance, $2,842 fuel, $1,489 maintenance and repairs and $100 registration. A new one costs about $12,820 a year to own, mostly because new cars lose value faster.

By model year

What a Ram 1500 costs to keep, by year

Next 12 months for a paid-off car at 12,000 miles a year, average insurance costs, $3.30 gas. Click a year to run your own numbers in Keep or Switch.

YearValue todayCost to keep next yearValue lostMaintenance and repairsEfficiencyRepair complaints
2025$33,407$9,121$4,074$72418 MPGMore than average
2024$28,453$8,334$3,161$74817 MPGMore than average
2023$24,533$7,959$2,683$90117 MPGMore than average
2022$21,194$7,516$2,231$95417 MPGMore than average
2021$18,394$7,340$1,803$1,24517 MPGMore than average
2020$16,093$7,292$1,749$1,28717 MPGMore than average
2019$13,913$6,938$1,357$1,35917 MPGMore than average
2018$12,179$6,998$1,317$1,48917 MPGMore than average
2017$10,537$6,656$958$1,53417 MPGAbout average
2016$9,292$6,736$929$1,66817 MPGMore than average
2015$8,112$6,415$811$1,78819 MPGMore than average
2014$7,081$6,364$708$1,86319 MPGMore than average
2013$6,182$6,575$618$1,88517 MPGAbout average

Should you keep it?

Keeping vs replacing your Ram 1500

A paid-off car is usually the cheapest car you can drive, even with repairs: a replacement starts losing value the day you buy it and comes with tax, fees and often a loan. Switching tends to pay only when repairs get large and frequent, or a much more efficient car cuts fuel costs enough. Keep or Switch compares your Ram 1500 against any replacement, including the costs of switching.

Questions

Common questions

How much does it cost to own a Ram 1500 per year?

For a 2018 model at typical mileage, about $6,998 a year in value lost, insurance, fuel, maintenance, repairs and registration, not counting any loan. Years in the table range from $6,364 to $9,121.

Which Ram 1500 years have the most problems?

In NHTSA owner complaint data, 2021 drew the most repair-heavy complaints relative to similar cars. Complaints are voluntary and busier models draw more of them, so treat this as a weak signal.

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